Endogenous determination of public budget allocation across education stages

• 成果类型: Article
• 署名作者: Su, Xuejuan
• 署名单位: University of Alabama System; University of Alabama Tuscaloosa
• 刊物名称: JOURNAL OF DEVELOPMENT ECONOMICS
• ISSN/ISSBN: 0304-3878
• DOI: 10.1016/j.jdeveco.2005.05.002
• 发表日期: 2006
• 页码: 438-456
• 关键词: Education policy; multi-stage education; public budget allocation

摘要

This paper studies the endogenous determination of public budget allocation across hierarchical education stages. In less developed economies, the top class has dominant political power to implement its most preferred policy, which is characterized by exclusive participation and large schooling expenditure at higher education at the expense of basic education. In developed economies, the budget allocation is more balanced; under certain parameters, it leads to expanded participation of the middle class in higher education. The model offers an explanation to the observed cross-country policy difference and is broadly consistent with historical evidence. (c) 2005 Elsevier B.V. All rights reserved.